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FAIZ VERSEY

BROKER

5 ROGERS ROAD
Perth, Ontario K7H1N9

$5,500,000

5 ROGERS ROAD
On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $256,636 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:25961)

Hot water radiator heat

Heating Type Hot water radiator heat
Heating Fuel Natural gas
Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: December 12, 2024

On market: 113 days

GALLERY

  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth
  • 5 ROGERS ROAD Perth

Get In Touch with Faiz

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Faiz Versey

Broker

CPA, CA, CIM, FCSI®


Cell: +1 (343)-998-8370

Office: +1 613-725-1171

Fax: +1 613-725-3323

Toll Free: 1-800-307-1545

Royal LePage Team Realty

1723 Carling Ave.

Ottawa, Ontario Canada K2A 1C8

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